OLED Market is expected to reach US$ 38.96 billion by 2025 OLED Market is expected to reach US$ 38.96 billion | Page 2
Organic Light Emitting Diode (OLED) Market to 2025
Introduction
Organic Light Emitting Diodes (OLED) are basically a solid-state devices composed of thin films of organic molecules
that create light with the application of electricity. OLEDs can provide brighter, crisper displays on electronic devices
and use less power than conventional light-emitting diodes (LEDs) or liquid crystal displays (LCDs). The major
benefits from OLED type displays comes from the high level of control that can be exerted over each pixel. Pixels can
be switched completely off, allowing for deep blacks and a high contrast ratio. Global OLED market is expected to
grow from US$ 12.51 billion in 2015 to US$ 38.96 billion by 2025 at a CAGR of 12.2% between 2015 and 2025.
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